CHENNAI: Over the last decade, VGN Developers has evolved from selling plotted layouts to developing residential projects in the suburbs to building high-end projects in the city. The transition has been in line with the trends in the residential market. VGN believes there is a huge demand for high-end homes in the city, which is a healthy and robust market in which prices have not crashed in three decades. Pratish Devadoss, Managing Director, shares some of the company’s plans and views on the

MUMBAI: Kanjurmarg, one of the suburbs located on the east-central side of Mumbai, is known for its affordable housing projects, as compared to other suburbs such as Mulund and Ghatkopar. Considering its proximity to several other real estate destinations, the area today, has carved a path for itself. Here are some of the major reasons why it has become a vibrant real estate destination.

MUMBAI: Speciality chemicals maker Clariant Chemicals has shortlisted four Mumbai-based real estate developers for selling its 87-acre land parcel in Thane, three people familiar with the development said.

MUMBAI: Even AS developers are busy trying to attract buyers at the annual property exhibition of the Maharashtra Chamber of Housing Industry (MCHI), the Slum Rehabilitation Authority (SRA), too, has set up its own stall to target big and reputed builders.

DELHI: Developers seeking to surrender special economic zones will have to give an undertaking that the land will be used in accordance with the recently amended guidelines so as to prevent its misuse.

DELHI: Much to the cheer of foreign real estate developers, those investing in India’s construction sector might be allowed to exit before the mandatory three years stipulated at present. However, for that, they would have to complete the project and procure completion occupancy certificates from local authorities.

AHMEDABAD: Realtors are a divided lot in Ahmedabad. Distancing themselves from Gujarat Institute of Housing and Estate Developers (GIHED), apex body of realtors, a group of real estate developers in north Ahmedabad have formed a new association to focus exclusively on the area connecting Ahmedabad and Gandhinagar.

KOLKATA: Rajarhat is a satellite city of Kolkata, which was planned in the 1990s. According to the master plan, it was supposed to be at least three times larger than Salt Lake City, a neighbouring well-established destination. Between 2003 and 2008, Rajarhat witnessed a lot of interest from various national and regional developers. Then the global financial crisis came, after which most of the plans either got stalled or pace of execution reduced considerably.

CHENNAI: Janaki Hrishikesh, a Chennai resident, still remembers the first painting she brought. “It was a scene of Krishna’s rasaleela. We had just bought a house and were looking to decorate it. The painting practically drew us to it,” she says.

HYDERABAD: Andhra Pradesh realtors and developers are upbeat on the future ofreal estate in Hyderabad. They claim that now is the best time to buy properties in Hyderabad as prices are expected to shoot up post the bifurcation of the state.

HYDERABAD: Andhra Pradesh realtors and developers are upbeat on the future of real estate in Hyderabad. They claim that now is the best time to buy properties in Hyderabad as prices are expected to shoot up post the bifurcation of the state.

KOLKATA: GPT Group on Wednesday announced the launch of its real estate division, GPT Developers Limited. The group also launched their maiden project - Poorvi. The premium abode, which reflects the melodies in life and encourages people to immerse in its rhythm, is themed on the ragas of Indian classical music.

HYDERABAD: Prices of residential and commercial properties in the city are stable even while the state is heading towards bifurcation as the market here is end-user driven, officials of AP Real Estate Developer’s Association (APREDA) assured.

MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) has signed an agreement with South Korea for the preparation of a master plan for developing the eastern parts of the city along the proposed 126-km long Virar-Alibaug multi-modal corridor.

COIMBATORE/BANGALORE: Shares of real estate company Sobha Developers Ltd vaulted 9.18 per cent at the closing session with the company, defying the gloom surrounding the realty sector, indicated that it was on course to achieve its guidance with regard to saleable area and revenue for the current year.